Services Sector Contribution to GDP in Denmark (1990-2022)

Denmark’s services sector has shown sustained growth, with its GDP contribution rising from 60.9% in 1990 to 67.3% in 2022. The 1990s marked a period of consistent, albeit moderate, growth as the sector adapted to globalization and digital transformation. The early 2000s maintained this trajectory, with services stabilizing around 61-62% of GDP. However, the 2008 financial crisis triggered a marked increase, pushing the sector’s share to 65.4% by 2009, as Denmark’s economy shifted towards more stable, less capital-intensive services. Continued expansion in areas like finance, public administration, and technology services supported this upward trend, reaching 65.8% in 2020 and spiking to 67.3% by 2022 as digitalization and remote work surged during the pandemic. This steady growth underlines the resilience and adaptability of Denmark’s services sector in response to economic and technological changes.